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[Music] hello guys the topic for today is about contract management for construction aside from construction works management contract management has a vital importance of a successful commercial management it has the planning agreement for financial and legal aspects and methods to accomplish better outputs of a project what is the definition of contract it starts with an agreement between two or more competent parties to perform or provide and specific tasks or services the mentioned parties here are between the client or employer and the contractor or service providers it is important that if you are the client youll have an agreement to an experienced contractor or service provider and the contractor shall have done projects within or beyond expectations it is also a form of an agreement to buy or sell goods and services from or to another party one example is when you intend to buy a home appliance and to be paid installment basis an agreement has to be signed by / the buyer bef